Steve Jobs Resigns as CEO of Apple

August 25th, 2011 by

Steve Jobs, co-founder and two-time CEO of Apple, handed in his resignation letter to the Apple board on Wednesday 24th August with immediate affect.

“I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know,” he wrote in his resignation letter. “Unfortunately, that day has come.”

In January he announced he would be taking a medical leave of absence from the company due to his battle with Cancer but was able to return in March in time to launch the iPad 2.This wasn’t the first time Steve had to stop working due to illness – we hope this time around that this is not the case.

Jobs went on to say that it was time to ‘execute the succession plan’ by naming Tim Cook as CEO. Cook, a former COO of the company and Jobs’ replacement when he’d been off ill, was widely tipped to takeover the role. “The Board has complete confidence that Tim is the right person to be our next CEO,” said board member Art Levinson, chairman of Biotech firm Genentech, in a prepared statement.

In Steve’s resignation letter to the board he also wrote: “I believe Apple’s brightest and most innovative days are ahead of it, I look forward to watching and contributing to its success in a new role.”

We all hope that Steve continues to play a role in the development of Apple as some of his creations, love ’em or hate ’em, have changed the way we communicate, shaped our future and set incredibly high standards for the industry as a whole.

Tim Cook has got a tough job filling those boots.

We take a look back at some of Job’s best moments:

Steve Jobs demos Apple Macintosh 1984

The first iMac introduction

The first iPod Keynote 2001

Introducing the new iPhone

Apple iPad Keynote 2010

 

This is indeed a sad day for Apple and a sad day for the iLoving customer base that Steve has helped nurture and develop. Without his guidance and innovation this corporate giant could start to dwindle – what do you think?

 

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3 Comments

Tim
# 25th August, 2011

This talk he gave at Stanford University is also well worth a watch.

http://www.ted.com/talks/steve_jobs_how_to_live_before_you_die.html

Graduate Careers
# 30th August, 2011

I believe Steve Jobs has made a significant mark on the global stage and we will always remember how he transformed the communication world when it seemed near impossible. He is a hero who despite the illness has lived out his purpose and the global village has benefited greatly. Kudos Steve and i wish your successor all the best since the future is even brighter.

lalit
# 21st September, 2011

steve jobs has done fabulous job and change the thinking of every one in this world.

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